Atul Sahai has been appointed as the Chairman and Managing Director (CMD) of the country’s largest general insurance company New India Assurance. The post had been lying vacant since July 2018 after former chairman and managing director G Srinivasan retired.
The appointments committee of the cabinet announced that Sahai who is the General Manager at Oriental Insurance will be appointed for a period of five years. Sahai’s name was recommended by the department of financial services after interviews were held for the position almost three months back.
Source: The Moneycontrol